This IFRS Webinar will give the latest information regarding IFRS and will include exercises in designing and implementing controls for IFRS processes.
Why Should You Attend:
When International Financial Reporting Standards (IFRS) come into effect January 1, 2011, public company executives will still remain personally responsible for their company’s financial statements on a consolidated basis and for the effectiveness of their internal controls.
Public companies will have to overhaul their Sarbanes-Oxley controls to ensure that all the new processes are effectively controlled. Accountants will have to have company executives and auditors approve these new controls.
If you are an accounting professional you need to become familiar with exactly what these new standards consist of, and what these changes mean for companies.
This workshop will help you make sure your company remains compliant with SOX. You will become acquainted with the latest information regarding IFRS and will include exercises in designing and implementing controls for IFRS processes.
Areas Covered in the seminar:
- IFRS overview.
- Applying the four key principles of IFRS.
- How disclosure requirements will change.
- The new rules for assigning values to assets.
- How recording revenue will change.
- How IFRS will affect SOX compliance.
Who will benefit:
- If you are an accounting professional you need to become familiar with exactly what these new standards consist of, and what these changes mean for companies.
- This workshop will help you become acquainted with the latest information regarding IFRS and will include an opportunity to practice applying these standards.
- CPA. CMA, CFA, CIA
Instructor Profile:
Mike Morley, is a Certified Public Accountant who holds the top credit designations in the U.S., Canada, and the U.K. Mike is a recognized authority in the field of finance with more than 25 years experience.
An entertaining and informative speaker and trainer, Mike is the author of:
- “IFRS Simplified”, which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
- “Sarbanes-Oxley Simplified,” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
- “Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
